China Buzzards Look For Property Deals

By

Esther Fung

Aug 22, 2014 4:32 am ET

In real estate, every downturn has its buzzards. Generally speaking, most people assume the bottom has been reached when those opportunistic birds swoop in.

There may not be a whole lot of swooping yet in China, where housing prices have dropped on a month-to-month basis for three months in a row and commercial property has similarly weakened. But in recent weeks, some opportunists have signaled that the circling has begun.

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